In January 2022, Cboe announced that it would open Bitcoin and Ethereum margin futures trading, which caused a stir in the digital currency field. As a new trend in the digital currency market, margin futures trading has attracted much attention. This article will explore the background, impact and future development trends of this important event in depth, and take you to understand this important change in the digital currency field.

The opening of Cboe Bitcoin and Ethereum margin futures trading means that investors can trade these two mainstream digital currencies through leverage, further promoting the development of the digital currency market. Margin futures trading is a high-risk and high-return trading method. Investors can use leverage to expand their investment scale and obtain higher returns. However, high returns are accompanied by high risks. Investors need to operate cautiously and guard against potential risks brought by market fluctuations.

As the digital currency market becomes increasingly mature, Cboe's move has attracted widespread attention and heated discussions among industry insiders. The opening of margin futures trading will provide investors with more options and will also inject new vitality into the digital currency market. As the digital currency market continues to grow and develop, margin futures trading is expected to become an important part of the digital currency market, providing investors with more trading opportunities.

In addition to investors, digital currency exchanges and regulators will also face new challenges. Exchanges need to strengthen risk management and compliance supervision to ensure the stable operation of trading platforms and the safety of investors' funds. Regulators need to keep up with market changes in a timely manner, establish a sound regulatory framework, protect investors' legitimate rights and interests, and promote the healthy development of the digital currency market.

As the digital currency market continues to evolve, investors need to remain vigilant, invest rationally, and avoid blindly following trends and speculative behavior. Investment is risky. Investors should allocate assets scientifically and rationally according to their own risk tolerance and investment goals, carefully select investment targets, do a good job of risk management, and achieve long-term and stable investment appreciation.

In general, the opening of Cboe Bitcoin and Ethereum margin futures trading marks a new stage of development for the digital currency market. Investors, exchanges, regulators and other parties will jointly promote the standardization and healthy development of the digital currency market and inject new vitality into the development of the digital economy. Let us witness the vigorous development of the digital currency market and welcome the arrival of a new era of digital currency!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BtC.COM): Cboe Digital, a subsidiary of Cboe, announced that it will provide customers with regulated Bitcoin and Ethereum margin futures trading in January next year.

Cboe Digital allows customers to buy and sell spot and margin futures on a regulated platform

Cboe Global
Markets (referred to as Cboe) is a US securities and commodities exchange headquartered in Chicago, providing trading, settlement and investment solutions to market participants around the world. Its products cover a variety of asset classes, including stocks, derivatives, foreign exchange, digital assets, etc., and operate in North America, Europe and Asia Pacific. Cboe is also a leader in volatility trading. Its Cboe
Volatility Index (VIX Index), often referred to as the panic index, is Cboe's core product.

In May 2022, Cboe completed the acquisition of Eris Digital Holdings, obtained the qualifications for cryptocurrency trading spot, derivatives and clearing, and later renamed it Cboe
Digital, including Galaxy Digital, Jane Street and Robinhood all have minority stakes in it.

Cboe Digital received approval from the CFTC in June this year to offer leveraged derivatives, including physical and cash-settled Bitcoin and Ethereum margin futures contracts, on its digital trading platform Cboe
Digital.

The Chicago Board Options Exchange currently offers spot trading for Bitcoin, Bitcoin Cash, Ethereum, Litecoin and USDC.

Cash-settled margined BTC and ETH futures trading will be available in January next year

Cboe
Digital plans to launch BTC and ETH margin futures trading and clearing on January 11, 2024, but the current clearing method is cash settlement because "physical settlement products are still subject to regulatory approval."

Margin trading is a financial market trading model that uses leverage to amplify operating positions. Margin trading is similar to the common contract trading in the currency circle, which uses leverage to amplify operations, but the difference is that Cboe's margin trading is placed on futures products and is based on its specific futures contracts, unlike the contract trading in the currency circle, which is a perpetual contract with no expiration date. The principle is the same. You can use a small amount of leverage to increase potential returns, but if the market moves unfavorably, traders may face margin calls or forced liquidation, and the risk is greatly increased.

The margin futures that Cboe Digital plans to launch will be supported by a number of cryptocurrency and traditional financial institutions, including Cumberland DRW, Jump Trading
Group, B2C2, BlockFills, CQG, Marex, StoneX Financial, Talos, tastytrade, Trading
Technologies and Wedbush.

John Palmer, President of Cboe Digital, said: "Futures have always been an important hedging tool in traditional financial markets. We are very pleased to further expand this tool to the digital asset market and provide margin trading for our customers. We believe that derivatives will promote additional liquidity and hedging opportunities for cryptocurrencies, which represents the next key to the continued growth of this market."